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Topic: [2014-05-10] ET: Cautious optimism at China BTC summit despite uncertain future (Read 559 times)

sr. member
Activity: 434
Merit: 250
I have interpreted that as China making sure that Bitcoin doesn't threaten its currency.
hero member
Activity: 686
Merit: 500
Interesting article - China is very involved in bitcoin in spite of their government. But bitcoin works best without governments, so it's almost like bitcoin was made for them!
legendary
Activity: 3808
Merit: 1219
http://economictimes.indiatimes.com/news/international/business/cautious-optimism-at-china-bitcoin-summit-despite-uncertain-future/articleshow/34937324.cms

Quote
Some 200 virtual currency enthusiasts excitedly traded namecards and participated in panel discussions Saturday at China's first-ever Global Bitcoin Summit -- but several expressed shock that the event was given the green light in the first place. Bitcoin is a form of cryptography-based e-money that can be stored either virtually or on a user's hard drive, and offers a largely anonymous payment system.
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